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Lorenz Curve 100 Suppose, we are comparing the income distribution of USA and Perfect Equality Line Denmark in 2017. Red curve shows USA's Lorenz Curve and Turquoise Curve shows Denmark's Lorenz Curve. 80 Q#1: Which country had more unequal income distribution in 2017? 60 (Please circle your answer) USA or Denmark Cumulative % of Income 40 Denmark 2017 Q#2: If you calculate the Gini Coefficient for USA & Denmark, then USA 2017 which country will have a lower Gini Coefficient? (Please circle your 20 answer) USA or Denmark O B AO 20 40 60 80 100 Hint for Q#2: Area between the Perfect Equality Line Cumulative % of Population & the country's Lorenz Curve Gini Coefficient = Area of the triangle ABC